Savita Deshmukh

#trailblazer#enterprising
Finance the set up of an effective irrigation system for Savita's farming business

Agripreneur

Solapur, Maharashtra

35,000 has been disbursed

273 potential days of livelihood i

23,333.32 is the current outstanding balance

80 0 20 11667 2917 0

80%

20%

0%


About Savita Deshmukh

Savita Deshmukh is a mother working hard towards her long term plan. Her dream is to build a beautiful house for her children. Currently, Savita works as a farmer but she's looking to switch gears by starting a new milk business. Savita's first step is to increase the productivity of her current farming business by setting up an effective drip irrigation system. With the new system in place, she can save time and cut down on unnecessary costs. She plans to use this loan to buy the necessary equipment and in the long run raise funds for her future plans. Fund Kavita to see her fly her kite of success.

My dream is to build a new house for my children.

About Savita Deshmukh's livelihood

Savita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Savita will potentially obtain employment for 273 days.

Interest Rate
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

12 months

Previous
loans

1

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


×

Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Sakhi Samudaya Kosh

Established in

2006

With Rang De from

2019

Founded by

Prema Gopalan

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

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